Top Five Reasons For an Expert Film Budget for Film Financing

The top ten reasons for a film budget from an expert for film financing:

 

1.  Quality Matters:  a quality film budget and schedule matters.   An inferior film budget is an obvious affront to anyone with any knowledge to whom it is presented.

2.  Accuracy is Critical:  accuracy is critical due the the fact of exponential calculations.  A small mistake or error in the film budget can expand to millions of dollars over the life of a movie.

3.  Your Film Budget is Your Calling Card:  your film budget represents you to investors, film financiers and distributors.  You are certainly judged on the film budget you present.

4.  You Only Get One Chance:  you may only get one chance at a film finance executive of movie investor.  One ought to put their best foot forward and shine in the highest light.

5.  It Not Your Money:  it’s not.   By demonstrating your ability to delegate to a professional with experience you are telling your investors that you are serious about being responsible

with the financiers money.

 

For a quality, reliable, custom and accurate film budget and schedule contact Filmbudget.com – the worldwide leader in international film budget and schedule production services.

 

a quality film budget matters for film financiers

 

Film Finance Experts Agree – For a Film Budget You Get What You Pay For

Film Finance Experts Agree – For a Film Budget You Get What You Pay For

Obtaining film financing for your movie production is a difficult task and not one a filmmaker will get many chances at with an investor.  Professional producers and directors understand this and do not take shortcuts with a film budget that would risk their integrity and understanding of the collaborative nature of filmmaking and the importance of delegating the critical work of the creation of a film budget to an experienced line producer with many years in the field.

As one industry professional who is well known and revered for his extensive film finance knowledge stated recently:

“If producers want to be taken seriously by any financier, then they need to have a budget, a schedule and a finance plan, which means who you hire to create these documents is just as important as the information they contain.”

Templates, online websites, cheap attempts to circumvent the quality work of serious veteran movie producers with the knowledge and understanding it takes to create a finance and camera ready film budget and schedule are looked down upon as almost laughable and insufficient to move a production forward.   A true film budget and schedule is one created by a line producer with expertise in the field of the production manager and film producer using all their skills on your project to determine the right cost.

Filmbudget.com is the international leader in worldwide film budget and schedule production services.  Since 1997.

Accept no imitations.

A film budget by a line producer is critical for film finance

The founder of Filmbudget.com is studio and independent film producer Jack Binder whose credits include Columbia Pictures ‘Reign Over Me’ starring Adam Sandler and Don Cheadle; New Line Cinema’s ‘The Upside of Anger’ starring Kevin Costner and Joan Allen. Binder also produces for The Walt Disney Studios, Home Box Office, Twentieth Century Fox and Lionsgate films amongst others in his 25 years of experience in the field of feature film and television production.

Top 10 Movies with the Highest Film Budget

The top ten movies that have the highest film budget for their production costs are listed below.  These production costs do not included marketing, finance costs, prints and advertising (P&A) or distribution costs.  The figures represent production film budgets only.

 

Top 10 Movies with the Highest Film Budget

Film                                                                Film Budget         Release Date

  1. Pirates of the Caribbean: At World’s End       $300 Million            2007
  2. Tangled                                                       $260 Million            2010
  3. Spider-Man 3                                               $258 Million            2007
  4. Harry Potter and the Half-Blood Prince          $250 Million             2009
  5. Avatar                                                        $237 Million             2009
  6. The Chronicles of Narnia: Prince Caspian      $225 Million            2008
  7. Pirates of the Caribbean: Dead Man’s Chest  $225 Million            2006
  8. X-Men: The Last Stand                                $210 Million            2006
  9. Superman Returns                                       $209 Million            2006
  10. King Kong                                                   $209 Million            2005

The numbers above are estimates of the film budget for the specified motion pictureproduction.  The production film budgets listed are sourced

from publicly available information including Variety, The Hollywood Reporter and IMDB.
FilmBudget.com

 

 

 

How Do I Get a Film Budget?

For many years it was not readily known how one goes about getting a film budget for their movie production.   Jack Binder, Producer of ‘Reign Over Me’ and ‘The Upside of Anger’ realized a gap in this realization back in 1997 and sought to make available for fellow filmmakers a film budget process whereby they could get a film budget for their project.  Jack Binder created the first online film budget production service.

Jack continued to evolve the concept but the basic working structure was that a film budget would be required in order for a director, actor, writer or producer to embark on obtaining film financing for their film production.  By using his extensive experience in creating motion pictures and likewise film budgets for all of his movies and television shows, Binder realized that he should have a ready answer for the many co-production partners, film finance executives, bank lenders and major studio executives who were approaching him about creating a film budget and schedule for their productions.

Finally it really hit home when reworking a film budget over and over again, that it became very evident that the process and knowledge involved was fundamental to receiving that elusive of all treasures, the Greenlight.  Through an ability to respond to questions and by knowing his film budgets inside and out, and through meticulous film budgeting experience Jack was able to remove the obstacles to getting the film into production.

Contact Filmbudget.com for an accurate and proven film budget for your production – and get that greenlight!

 

Michigan Film Tax Incentives Economic and Fiscal Impact Report

Ernst & Young just released their analysis of the film tax incentives program in Michigan.    It is titled “Economic and Fiscal Impacts of the Michigan Film Tax Credit” February 2011.

The report was commissioned by the Detroit Convention and Visitors Bureau, Grand Rapids, Ann Arbor and Traverse City, Michigan organizations.

The Fiscal Impact Report clearly states what the proponents have been stating:  the film tax incentives work, creating a thriving and job creating industry.   The Michigan film industry has grown enormously since its creation in 2008.    The study finds an economic output ratio of $6 of activity for every $1 of film tax credit.  This has translated into an $812 Million successful return for the State of Michigan on a net outlay of $127 Million.    The incentives have created over 6,000 jobs and attracted major feature film and television production to a state badly in need of investment.

Read the entire Ernst & Young “Fiscal Impacts of the Michigan Film Tax Credits” report.

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Apple Itunes Leads 2010 Internet Film Consumption

Apple Inc.’s ITunes media store ended 2010 as the online go-to destination for electronic sellthrough, or EST, and Internet-based video-on-demand, according to a new report.

IHS Screen Disgest reported that ITunes held off challenges from Microsoft’s Zune Video (via Kinect 3D motion-control launch), Sony Playstation Store, Amazon VOD and Walmart’s Vudu as the EST/iVOD market increased more than 60% from 2009.

Read the full Home Media Magazine article

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BAFTA Awards: British Academy of Film and Television Arts 2011

The Orange British Academy Film Awards announces its nominees for 2011.

The BAFTA Awards is scheduled to take place on Sunday, February 13th, 2011 at London’s Royal Opera House.  Celebrities and the stars behind the scenes are going to be attending and receiving awards for their work in 2010.

The Orange British Academy Film Awards is an annual event set to recognise, reward and honor individuals for their outstanding achievements in feature films that were released theatrically to a paying audience in the UK within the awards year.  Further eligibility requirements can be found on their website.  The event is put on by the British Academy of Film and Television Arts (BAFTA).

BAFTA’s primary activities revolve around staging award ceremonies for the UK and Internationally.  It is a charity with close to 6500 members within its organization and was originally set up to advance and promote education via its events, whose aim is to create and clarify the public’s taste in the television, film, and gaming industries.

Through two rounds of voting of its members they have compiled the following nominees for the British Academy of Film and Television Arts:

For BEST FILM

BLACK SWAN – Mike Medavoy, Brian Oliver, Scott Franklin

INCEPTION – Emma Thomas, Christopher Nolan

THE KING’S SPEECH – Iain Canning, Emile Sherman, Gareth Unwin

THE SOCIAL NETWORK – Scott Rudin, Dana Brunetti, Michael De Luca, Céan Chaffin
TRUE GRIT – Scott Rudin, Ethan Coen, Joel Coen

For BEST DIRECTOR

127 HOURS – Danny Boyle

BLACK SWAN – Darren Aronofsky

INCEPTION – Christopher Nolan

THE KING’S SPEECH – Tom Hooper

THE SOCIAL NETWORK – David Fincher

For BEST LEADING ACTOR

JAVIER BARDEM – Biutiful

JEFF BRIDGES – True Grit

JESSE EISENBERG – The Social Network

COLIN FIRTH – The King’s Speech

JAMES FRANCO – 127 Hours

For BEST LEADING ACTRESS

ANNETTE BENING – The Kids Are All Right

JULIANNE MOORE – The Kids Are All Right

NATALIE PORTMAN – Black Swan

NOOMI RAPACE – The Girl with the Dragon Tattoo

HAILEE STEINFELD – True Grit

For BEST SUPPORTING ACTOR

CHRISTIAN BALE – The Fighter

ANDREW GARFIELD – The Social Network

PETE POSTLETHWAITE – The Town

MARK RUFFALO – The Kids Are All Right

GEOFFREY RUSH – The King’s Speech

For BEST SUPPORTING ACTRESS

AMY ADAMS – The Fighter

HELENA BONHAM CARTER – The King’s Speech

BARBARA HERSHEY – Black Swan

LESLEY MANVILLE – Another Year

MIRANDA RICHARDSON – Made in Dagenham

For a complete list of Award Nominees for the Orange British Academy Film Awards, you can visit:

http://www.bafta.org/awards/film/2011-film-awards,1572,BA.html#jump11

For location and transportation information regarding visiting Londons Royal Opera House, please visit http://www.roh.org.uk/visit/locationandtransport.aspx to help find your way to this extraordinary event.

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MARCHE’ DU FILM – FESTIVAL DE CANNES – THE CANNES FILM MARKET

The Marché du Film – Festival de Cannes | The Cannes Film Market – The Cannes Film Festival

The Cannes Film Festival’s marketplace for the cinema industry

When:   11 May to 22 May 2011

Where:  Cannes, France

Who:     Jérôme PAILLARD is the Executive Director for the Marché du Film

Website:   MARCHE’ DU FILM


The Cannes Film Festival is one of the world’s most prestigious and oldest film festivals. The private event is held annually in the month of May at the Palais des Festivals et des Congrès in the resort town of Cannes, south France.

Last Year’s President of the Jury for the 2010 Cannes Film Festival was American film director Tim Burton.  This year, the 64th edition of the Festival is scheduled to be held from 11 May to 22 May 2011. The President of the Jury is American actor Robert De Niro.

The Cannes Film Market  |  Marche’ du Film

One of the Festivals annual events is the Marché du Film, which also gathers at the Palais des Festivals et des Congrès simultaneous to the Film Festival.  The Marché du Film is a hot-spot for buyers, distributors and producers for the ten day slot, dedicated to meetings and negotiations.   Global film productions engage here to obtain film distribution, film finance and foreign sales territory by territory.

This unrivaled international event allows for all professionals to develop their projects, establish co-productions and partnerships, and present their latest news.  The Marché du Film has been facilitating such exchanges, along with other buyers and sellers of the film industry since 1959, making it a major international platform for film commerce.    Producers prepare their film budgets for investors and distributors to engage in the film finance contributions to the film production.

Foreign sales companies set up shop and show their upcoming film productions, completed films and projects in development.   Many screenings take place during the Marche’ in conjunction with the Cannes Film Festival itself.  Filmmakers seek to show their films and also to finance their movie budget by raising awareness.  Film distributors are also out in force looking for the next hit film and demonstrating their current line up of films, and to find the right projects at the right film budgets to fund for their film slate of pictures.    About 10,000 persons participate with over 400 exhibitors at the Cannes Marche’ du Film – Cannes Film Market at the Cannes Film Festival.

Likewise the stars come out in force to lend their promotional support for the movie projects they are either attached to or have performed in previously.   Directors as well attend and in conjunction with the other talent help raise interest, awareness and film budgets and worldwide distribution for their movies.   Press junkets are common and the glamour of Hollywood movie stars is a welcome addition to the proceedings at every stage.

The Marché du Film, in the words of Gilles Jacob, President of the Cannes Film Festival, is “a hive of activity”, focused on the prosperity and achievements of quality cinema.  The Festival de Cannes would not be the same today without the Marché du Film.  It’s an exceptional and efficient meeting place of the cinema world, uniting artists with professionals and the media, on the French Riviera.

Maps, Transportation and Accommodation, Information

In order to participate in this coming years Marché du Film, you can book your screenings and register your company online commencing February 2011 Click Here.

Movies produced prior to 2008 and those that were already screened at a prior Marché du Film will not be accepted.

For information concerning short films, please contact the Short Film Corner at:
www.shortfilmcorner.com
email: sfc2010@festival-cannes.fr


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Red Epic | Top Ten Questions with Ted Schilowitz | Film Budgets

Red Epic | Top Ten Questions with “Leader of the Revolution” Ted Schilowitz.   Ted travels to Vietnam to meet with a Red vendor as the entire film industry there has turned to the Red Camera Systems mostly due to its impact on film budgets and the incredible image quality.   Shilowitz discusses the release date (which occurred in December 2010)

Apple Patents Reveal Holographic Screens – 3D Without Glasses

Apple patent reveals plans for holographic display

Television and cinema screens that produce holographic images without the need for special glasses are being developed by computer giant Apple.

A recently granted patent reveals that Apple, the company behind the iPod and iPhone, has been working on a new type of display screen that produces three dimensional and even holographic images without the need for glasses.

Read The Telegraph article